HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: OUTSTANDING SHARE INFORMATION
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As at May 18, 2016

Issued and outstanding shares 282,921,142

Options outstanding 19,663,334

Performance Share Units outstanding 3,000,000

Restricted Share Units outstanding 335,000

Convertible Debt 43,290,001

Fully diluted 349,209,477

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